Disposal of Interest

RNS Number:2472I
Brazilian Diamonds Limited
22 November 2007



                           BRAZILIAN DIAMONDS LIMITED

                   DISPOSAL OF INTEREST IN HIDEFIELD GOLD PLC




Brazilian Diamonds Limited ("Brazilian Diamonds" or the "Company") announces
that Hamilton Capital Partners Limited ("Hamilton"), a company with which
Kenneth Judge, the Chairman of the Company, is associated, has today exercised
part of its option to purchase ordinary shares in Hidefield Gold plc ("Hidefield
") held by BSG Investments Inc. ("BSG"), a wholly owned subsidiary of Brazilian
Diamonds.  Hamilton has acquired 5,000,000 ordinary shares from BSG at price of
6p per share for a total consideration of #300,000.  Hamilton has the option to
purchase a further 6,125,000 ordinary shares in Hidefield held by BSG on or
before January 25, 2008.

Following this transaction, Brazilian Diamonds, through its subsidiary BSG,
holds an interest in 9,625,000 ordinary shares in Hidefield, representing 3.49
per cent of the issued share capital.





Enquiries:

Brazilian Diamonds Limited
Ken Judge, Chairman                                            + 44 7733 001 002
Stephen Fabian, CEO                                            + 55 31 8814 5111

Investor Relations
Europe                                                         + 44 207 590 5503
North America                                                     1-866-689-2599
Hanson Westhouse Limited (Nomad to the Company)                + 44 113 246 2610
Tim Feather/Matthew Johnson
Landsbanki Securities (UK) Limited (Broker to the Company)     + 44 207 426 9000
Tom Hulme



                      This information is provided by RNS
            The company news service from the London Stock Exchange
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